Cooperative Dynamics During the Financial Crisis: Evidence From Basque and Breton Case Studies

Lorea Narvaiza, Cristina Aragon, Cristina Iturrioz, Julie Bayle-Cordier and Sandrine Stervinou
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Cristina Aragon: DEUSTO - Universidad de Deusto, Deusto Business School - DEUSTO - Universidad de Deusto
Cristina Iturrioz: DEUSTO - Universidad de Deusto, Deusto Business School - DEUSTO - Universidad de Deusto
Sandrine Stervinou: Audencia Recherche - Audencia Business School

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Abstract: In the recent financial crisis period, when traditional economic organizations were not able to meet stakeholders' expectations, not-for profit organizations such as cooperatives became an optimal solution as they are expected to serve social and economic performance simultaneously. This theoretical assumption is questioned based on the downturn pressures that may weaken cooperatives' social performance in favor of economic performance. This degeneration process (Cornforth, et al., 1998) is countered by some traditional cooperatives that have developed regeneration dynamics. The aim of our study is to explore how small and medium cooperatives face degeneration and develop regeneration dynamics in periods of crisis. To fulfil the objective of the paper four small and medium Basque and Breton cooperatives are studied in depth.

Keywords: non-for profit organizations; cooperatives; degeneration; regeneration; crisis (search for similar items in EconPapers)
Date: 2017-06
New Economics Papers: this item is included in nep-hme
Note: View the original document on HAL open archive server: https://hal.science/hal-01414168
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Citations: View citations in EconPapers (5)

Published in Nonprofit and Voluntary Sector Quarterly, 2017, 46 (3), pp.505-524. ⟨10.1177/0899764016661775⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01414168

DOI: 10.1177/0899764016661775

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